♻️ DEX.fo — Auto Crypto Exchange 💚 NO KYC/AML 💚 Escrow 1 BTC

[MarryWithBTC]

Great one LoyceV.
Getting to a status where you state your intendent opinion without fear is an absolute freedom.

I really observed this, but was actually reluctant to say. If it is fully functional, everything should work. If the status can be tracked in percentage, 90% functional should be the score.

I don't think this accurately reflects the System Status when not all functionality is available:

Suggestion: I'd like to be able to edit the amount in the "YOU RECEIVE" field: I type how much of a certain coin I need, and the site should tell me how much to send. But that only works if I get the exact amount I entered.

I was wowed by this suggestion. I don't think any service has done it this way before. If implemented will be great, but the extra efforts explaining to users that the "YOU RECEIVE" field is actually editable could be the problem.

We'll look at posting a screenshot or additional confirmation format that Bitcointalk users can independently review without needing exploit.in access. Something visible from here, not just a link to a place most of the thread can't reach.

Posting a screenshot isn't enough if a future victim has to pay $200 to register in order to be able to contact the escrow holders.

TL;DR: you made it to the end

I agree with you on this, and that has been my unsaid opinion. Someone visiting the exploit forum to claim escrow will consider the $200 lost because after receiving the escrow, they might have no need continuing to use the forum.

Also, someone might be trying to reclaim $150, then spending $200 to get $150 is ridiculous

It was a nice read.

[joniboini]

I think I mentioned this on the DEX thread on my local board, but not having the fast option for a few days/weeks now seems a bit much. Is there an ETA on when the option will be available? Or is there other urgent matters that needs to be solved first? I'd expect this to be sorted out first before adding more localizations (one could argue it's easier to implement, but anyway).

[SamReomo]

There are some other exchanges with lower fees and lower minimum exchange amounts, but why would person X prefer this over them? Obviously, there must be some benefit, right? No KYC and no AML mean something here. If you advertise No AML and someone makes a transaction without checking their AML score, then the platform freezes their funds, saying they had a high AML score while claiming to be No AML, is that a good deal?

Yes, there're many such exchanges that offer lower minimum amount and they've lower fees but there're only a few platforms that allow coins with AML to get swapped without any kind of verification and if we consider DEX.Fo then in that category it's on top and that matters a lot. The platforms that allow swaps with high AML score are rare and those who give high priority to privacy will always go for such platforms and they don't really care about high fees because for them privacy matters more than anything else.

[hosemary]

Every time I change the coin under "YOU SEND" to something else, the "YOU RECEIVE" reverts back to "BTC" (unless I select ETH, then it changes to BTC).

Unless I misunderstood you, "BTC" and "ETH" are reversed in the sentence you wrote inside the parentheses. I think you meant "unless I select BTC, then it changes to ETH", because in your first sentence, you already said that if the "You send" is changed to any coin other than BTC, the "You receive" changes to "BTC".

[LoyceV]

edit the amount in the "YOU RECEIVE" field: I type how much of a certain coin I need, and the site should tell me how much to send.

I was wowed by this suggestion. I don't think any service has done it this way before.

It's how every ATM in every country works: you enter the amount you want in the local currency, then see how much it costs you.

explaining to users that the "YOU RECEIVE" field is actually editable could be the problem.

If someone wants to use this feature, they'll just try. It's not that hard to explain.

Someone visiting the exploit forum to claim escrow will consider the $200 lost because after receiving the escrow

If you don't know the site, it feels a lot like a recovery scam.

Unless I misunderstood you, "BTC" and "ETH" are reversed in the sentence you wrote inside the parentheses.

Thanks, I fixed it.